Data & financial journalist covering global economics and policy
In the past, through my blog, I extensively wrote about Nvidia – many times pointing to how strategically this trillion dollar company partnered to become a leader in the chip race. Despite the CEO’s affairs, the company remains the second largest in market cap (at the time of writing). But Nvidia’s sharp selloff recently erases…
The U.S. and Japan have taken the rare step of intervening together in the currency market, buying yen after the battered currency’s prolonged decline against the U.S. dollar.
The Federal Reserve’s latest projections show steady economic growth, persistent inflation above 2% and a slower path to interest rate cuts.
Foreign investors now hold more than $9 trillion in U.S. Treasurys, but growing purchases by advanced economies contrast with pullbacks by China and other emerging markets.